Welcome to our dedicated page for Cno Finl Group news (Ticker: CNO), a resource for investors and traders seeking the latest updates and insights on Cno Finl Group stock.
CNO Financial Group Inc. (NYSE: CNO) provides insurance and financial solutions for middle-income Americans through subsidiaries including Bankers Life and Colonial Penn. This news hub offers investors and stakeholders centralized access to official corporate announcements and market developments.
Track critical updates including quarterly earnings reports, product launches, leadership changes, and regulatory filings. Our curated collection enables informed decision-making by consolidating press releases about life/health insurance innovations, annuity product updates, and strategic partnerships.
Key content categories feature financial performance disclosures, dividend declarations, and industry recognition announcements. Users benefit from direct access to CNO's Medicare-related insurance developments, retirement product enhancements, and corporate responsibility initiatives.
Bookmark this page for ongoing updates about CNO's market position in the insurance sector, capital management strategies, and service expansions. Verify time-sensitive information through official SEC filings and corporate communications channels.
Bankers Life has announced its 2025 list of Top Women Financial Advisors (TWFA), recognizing 37 top-performing women financial advisors from Bankers Life Securities, Inc. and Bankers Life Advisory Services, Inc. This marks the largest class since the program's inception in 2022.
The recognition is based on specific production and client service criteria that advisors must achieve annually. The company demonstrates its commitment to women in financial services through initiatives like the Women's Leadership and Networking Committee (WLNC), which focuses on mentorship and career development. The WLNC offers various programs including Advancing Financial Advisors, the Superwoman Summit, and the Making Mentors program.
CNO Financial Group reported strong financial results for Q4 and full year 2024. Net income in Q4 2024 reached $166.1 million ($1.58 per diluted share), compared to $36.3 million ($0.32 per share) in Q4 2023. Full-year 2024 net income was $404.0 million ($3.74 per share), up from $276.5 million ($2.40 per share) in 2023.
Key highlights include: 7% increase in total new annualized premiums, 16% growth in Worksite Division NAP, and 13% rise in annuity collected premium. The company returned $349.3 million to shareholders in 2024, a 50% increase from 2023. ROE reached 16.4%, with Operating ROE at 11.9%. The company's statutory risk-based capital ratio was estimated at 383% as of December 31, 2024.
CNO Financial Group (NYSE: CNO) has announced it will release its fourth quarter 2024 financial results after market close on Thursday, February 6, 2025. The company will hold a conference call to discuss the results at 11:00 a.m. Eastern Time on Friday, February 7, 2025.
Investors can participate through two methods: dial-in registration or webcast. For the dial-in option, participants must register in advance to receive call details and a registrant ID. The webcast will be accessible through the Investors section of CNO's website at ir.CNOinc.com, with participants advised to join 15 minutes before the event. A replay of the conference call will be available on the company's investor relations website.
CNO Financial Group (NYSE: CNO) has appointed Joel Koehneman as Chief Accounting Officer, effective January 21, 2025. Koehneman will report to Chief Financial Officer Paul McDonough and brings 16 years of experience from PricewaterhouseCoopers' audit practice, where he specialized in life insurance clients and served as lead Director on two life insurance company audits.
Prior to joining CNO, Koehneman worked as a Finance Director at CDW He holds both bachelor's and master's degrees in accounting from the University of Illinois and is a Certified Public Accountant. He will succeed Michellen Wildin, who will remain with the company until April 1, 2025, to ensure a smooth transition.
CNO Financial Group has announced its Board of Directors' declaration of a quarterly cash dividend of $0.16 per share on common shares. This represents the company's 50th consecutive quarterly dividend payment. The dividend will be paid on December 24, 2024, to shareholders recorded as of December 10, 2024.
The 2024 CNO Financial Indianapolis Monumental Marathon set multiple records with over 16,000 participants from 50 states and 30+ countries. Lindsey Bradley won the women's marathon with a new course record of 2:31:46, breaking the previous record by nearly four minutes. The half marathon saw new records from Chandler Gibbens (1:02:25) and Emma Grace Hurley (1:08:25). The event marked its 12th consecutive sellout and featured the largest marathon field ever with over 5,000 finishers. More than 240 participants ran for various charitable causes through the Run for a Cause program.
CNO Financial Group reported third quarter 2024 results with net income of $9.3 million ($0.09 per diluted share), compared to $167.3 million ($1.46 per diluted share) in 3Q23. Net operating income was $119.2 million ($1.11 per diluted share), up from $101.3 million ($0.88 per diluted share) in 3Q23. The company achieved record annuity collected premiums, with a 25% increase, and reported strong Medicare sales growth. Key highlights include a 15% increase in Medicare Supplement new premiums, 26% growth in Medicare Advantage sales, and agent count increases of 5% and 17% in Consumer and Worksite divisions respectively. The company's statutory risk-based capital ratio was estimated at 388%.
CNO Financial Group (NYSE: CNO) has announced that it will release its third quarter 2024 results after market close on Thursday, October 31, 2024. The company will host a conference call to discuss the results on Friday, November 1, 2024, at 11:00 a.m. Eastern Time.
Investors can participate in the conference call by registering online, which will provide them with call details and a registrant ID. The call will also be broadcast live via webcast through the Investors section of CNO's website at ir.CNOinc.com. Participants are advised to register at least 15 minutes before the event starts.
For those unable to attend the live call, a replay will be available on the company's Investors section of the website.
CNO Financial Group, Inc. (NYSE: CNO) has appointed Jess Turner to its board of directors, effective immediately. Turner, currently serving as Executive Vice President and Global Head of Open Banking and API at Mastercard (NYSE: MA), brings significant fintech, financial services, and management experience to the board. Her appointment increases the CNO board size to nine directors.
Turner's expertise in tech-enabled customer experiences, digital product development, and technology security is expected to contribute to CNO's strategic growth priorities. At Mastercard, she leads the development of new products and technologies for open banking, driving innovation with key partners across the ecosystem. Her previous roles at Mastercard included leading strategy for blockchain, digital assets, crypto, and open banking products.
Washington National Insurance Company has introduced an enhanced Hospital Indemnity Insurance product for worksite and consumer customers. The new plan pays benefits for hospital stays due to covered accidents or sicknesses, including mental illness. Key features include:
1. Cash benefits for inpatient and outpatient care
2. Optional riders for customized coverage
3. Flexibility in benefit usage
4. Portability across jobs and into retirement
5. Consistent premiums
6. Guaranteed renewability
This product aims to provide financial protection against unexpected hospital stays, addressing the concern that nearly half of U.S. adults would struggle to pay a $500 medical bill without incurring debt.
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